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20121202
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and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has ma
economy and those seeking work. i came out the day after the election to put revenues on the table, to take a step toward the president to try to resolve this. when is he going to take a step towards us? >> can you see some way that you could agree to tax rate increase and protect small businesses at the same time, maybe going with the 37%, or some middle ground? >> there are a lot of things that are possible to put the revenue that the president seeks on the table, but none of it is going to be possible. if the president insists on his position, insists on my way or the highway. that is not the way to get to an agreement that i think is important for the american people and very important for our economy. thanks. >> reporter: for more on the fiscal cliff let's bring in bob sue sack, managing editor of the hill. thanks for joining us. >> thanks for having me on. >> reporter: he says this is a slow walk for our economy to the edge of the fiscal cliff, and if the president doesn't like the republican's plan he has an obligation to send them one that can pass both houses of congress a
? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to nonmember observer state. of course, the word state there is the operative one for the palestinians. the palestinians now say they do, in fact, have a state which is a taertory that is defined as the west bank, gaza, and east jerusalem. so, therefore, the palestinians are saying that this obviously would make the implementation of this state all but impossible because they say it would be impossible for them to even reach their capital that they want to have, which is, of course, east jerusalem. this is certainly a measure that's cause aing lot of international controversy. you were saying that great britain and france have already put out staunch statements aimed at the israelis. the israelis are saying, yes, all these countries have voiced their concern. they're
Search Results 0 to 2 of about 3